SEC

It is reported that the securities firm INX Digital Company, Inc. announced that its INX platform will list the Bitcoin mining security tokens of the encryption mining enterprise Hashrate Asset Group. It is reported that Hashrate Asset Group has submitted registration documents to SEC according to Reg D/S. Interpretation of this information: The securities firm INX Digital Company, Inc. has made an announcement stating that its INX platform would be offering Bitcoin mining security tokens belonging to the encryption mining enterprise, Hashrate Asset Group. The Hashrate Asset Group has reportedly…

21:00-7:00 Key words: Circle, SEC, Bank of Silicon Valley, Nansen Interpretation of this information: The message seemingly pertains to some sort of event or meeting that is scheduled to take place during the night from 9:00 pm to 7:00 am. There are four main components of the message, including the time frame, the circle, the SEC, and two entities, namely the Bank of Silicon Valley and Nansen. At first glance, it appears that the message might be referring to a private gathering. The reference to the “circle” could signify an…

It is reported that the United States Securities and Exchange Commission (SEC) on March 10 ordered against a rule change that allowed the investment company VanEck to create a spot Bitcoin trust. The committee members Mark Uyeda and Hester Peirce issued a statement that the SEC has rejected all the submitted applications for BTC trust, which has reached nearly 20 in the past six years. They said that the SEC’s review of ETP applicants was “double standard”. “In our view, the standards used by the Commission for other types of…

According to reports, according to Andrew, the founder of Crypto KOL and Twitter marked as X 3, disclosed on social media, the source said that the U.S. Securities and Exchange Commission was very clear about the bank exposure risk of Circle, especially the Bank of Silicon Valley. The source said: “The U.S. Securities and Exchange Commission absolutely believes that the USDC is a kind of security… It is expected to take further action in the next few weeks.” Interpretation of this information: The message is stating that the US Securities…

On March 10, it was reported that ParagonCoin, a crypto startup supported by American rapper Jayceon Terrell Taylor (the stage name is The Game), was deregistered by the United States Securities and Exchange Commission (SEC) because it failed to submit periodic reports and violated the securities law. Interpretation of this information: The US Securities and Exchange Commission (SEC) has recently deregistered ParagonCoin, a cryptocurrency startup that was supported by rapper The Game, due to its failure to submit periodic reports and for violating securities law. The move signifies the SEC’s…

On March 9, according to Bloomberg News, Michael Sonneshein, CEO of Grayscale, said that he expected his company to make a ruling on the lawsuit of the United States Securities and Exchange Commission (SEC) against the Bitcoin spot ETF in the third quarter of this year. Interpretation of this information: The CEO of Grayscale, Michael Sonneshein, recently declared that his company expects to announce a decision on the ongoing lawsuit against the Bitcoin spot ETF filed by the SEC in the third quarter of 2021. This news comes as a…

It is reported that the bankruptcy judge of Voyager Digital chose to allow the transaction with Binance.US despite the objection of the United States Securities and Exchange Commission and state regulators. Interpretation of this information: The news came out that despite the opposition of the United States Security and Exchange Commission (SEC) and other state regulators, the bankruptcy judge of Voyager Digital allowed the transaction with Binance.US. This indicates a significant breakthrough as the decision defied the SEC’s stance towards Binance.US, which is currently under fire for its lack of…

It is reported that Bitcoin Magazine quoted Bloomberg as saying that the United States court may overturn the SEC’s rejection of the grayscale spot bitcoin ETF, which may release the value of 5.5 billion dollars. Interpretation of this information: The message suggests that Bitcoin Magazine, a popular publication in the cryptocurrency industry, reported that Bloomberg, a reputable financial news agency, stated that there is a possibility that the United States court may overturn the SEC’s decision to reject the grayscale spot bitcoin exchange-traded fund (ETF). If this happens, it could…

It is reported that Eric Balchunas, a senior ETF analyst at Bloomberg, disclosed on social media that our senior litigation analyst raised the winning probability of Grayscale from 40% to 70% after listening to the debate between Grayscale and SEC this morning. Interpretation of this information: The message reported that Eric Balchunas, a senior ETF analyst at Bloomberg, shared the news on social media that our senior litigation analyst had raised the winning probability of Grayscale from 40% to 70% after listening to a debate between Grayscale and SEC. This…

It is reported that James Seyfart, an analyst at Bloomberg ETF, disclosed on social media the debate between Grayscale and the SEC, even though the judge gave Grayscale a victory and revoked the rejection of the CSRC (which now seems to be obviously reasonable), There is still a big “if” about how to deal with the judge. In theory, the SEC may refuse again for different reasons. According to what I heard, I would not be surprised if grayscale won all three judges. Perhaps my view will change with my…

21:00-7:00 Key words: Amazon, SEC Chairman, GBTC, Scroll, SEC Interpretation of this information: The message seems to be related to Amazon, the Securities and Exchange Commission (SEC), and two other companies – GBTC and Scroll. The time specified in the message is from 21:00 hours to 7:00 hours, which indicates that it may have been communicated within an organization which functions during these hours. The keyword “Amazon” suggests that the message may have been referring to this well-known e-commerce giant. It is possible that the company may have been in…

It is reported that the United States Securities and Exchange Commission (SEC) has filed a lawsuit against Green United, accusing the Utah based company of violating the federal securities law by selling counterfeit encryption mining equipment worth $18 million. According to the SEC’s complaint, Green United and its founder, Wright Thurston, as well as its main promoter, Kristoffer Krohn, provided investors with a “green box” investment of $3000, which is a cryptocurrency excavator specially used to mine GREEN tokens on Green Blockchain. It is said that investors were told that…

According to reports, Gensler, chairman of the US Securities and Exchange Commission, said that cryptocurrency must comply with the rules of the SEC at present. Interpretation of this information: The news that Gensler, the chairman of the US Securities and Exchange Commission (SEC), said that cryptocurrency must comply with the rules of the SEC at present has garnered attention in the cryptocurrency world. The reason is quite simple: it is a sign that regulators intend to assert their authority over this industry. Cryptocurrency is a new asset class that operates…

It is reported that the premium rate of Grayscale Bitcoin Trust Fund (GBTC) to Net Asset Value (NAV) has narrowed to 42% before the federal court held an oral debate on Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) on Tuesday. The minimum premium rate since February 7. Interpretation of this information: In recent news, it has been reported that the premium rate of the Grayscale Bitcoin Trust Fund (GBTC) has narrowed to 42% before the federal court’s oral debate on Grayscale’s lawsuit against the Securities and Exchange Commission…

On March 7, the ongoing legal struggle between the United States Securities and Exchange Commission (SEC) and Ripple Labs continued with a new court ruling. The court has now ruled on the motion of both parties, and the expert testimony will not be considered in summary judgment and trial. In the judgment, Judge Analisa Torres approved part of the motion and rejected other motions. Neither the plaintiff nor the defendant gained the upper hand. However, one of the key results of the ruling was to exclude Patrick Doody, the No….

According to reports, Gary Gensler, chairman of the Securities and Exchange Commission (SEC), said in an interview with New York Magazine in February that everything except Bitcoin is actually a securities transaction within the jurisdiction of the SEC, and almost all types of encryption transactions are already within the jurisdiction of the SEC. （New York Magazine） Interpretation of this information: Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), recently made a statement during an interview with New York Magazine stating that almost all types of encrypted transactions…

It is reported that the legal team of Grayscale said that the way the United States Securities and Exchange Commission (SEC) handled its application for Bitcoin Exchange Trading Fund (ETF) was “inconsistent” with its earlier decision on futures ETF. Donald B. Verrilli, the representative lawyer, said: “This is only a typical case. Treat similar cases and treat them differently.” Interpretation of this information: In recent news reports, the legal team representing Grayscale has criticized the SEC’s approach in handling the company’s Bitcoin Exchange Trading Fund (ETF) application. According to the…

It is reported that shortly after the cryptocurrency exchange FTX filed for bankruptcy protection in November last year, Robin Hood Markets (HOOD) received a subpoena from the United States Securities and Exchange Commission (SEC) on its cryptocurrency business, which was disclosed in its latest 10-K file. Interpretation of this information: The news of the SEC subpoenaing Robin Hood Markets on its cryptocurrency business sheds light on the increased regulatory scrutiny on cryptocurrency trading platforms. This particular investigation was triggered by the bankruptcy protection filing of FTX, a cryptocurrency exchange that…

It is reported that Republic, the third largest equity crowdfunding portal in the United States, launched the “Republic Realm Metaverse Real Estate Fund” in March 2021, which is only for a few certified investors. It reached the maximum booking amount of $75 million in a very short time. The fund mainly focuses on the purchase of virtual real estate in NFT games, such as Sandbox, axxie Infinity and Decentraland. After buying the land, their idea is to hold it for a long time and continue to develop it into a…

On February 27, Gene Hoffman, the new CEO of Chia Network, said on Twitter that he believed Ripple would lose the legal battle with the Securities and Exchange Commission (SEC). Interpretation of this information: The tweet from Gene Hoffman, the new CEO of Chia Network, regarding Ripple’s legal battle with the Securities and Exchange Commission (SEC) has attracted attention and raises questions about the future of Ripple. As of now, the SEC has filed a lawsuit against Ripple Labs, accusing them of violating investor protection laws by selling XRP coins…